NAL 0.00% 0.6¢ norwood abbey limited

thymus/stolwyk, page-7

  1. 83 Posts.
    Quite true, nobody enjoys another person losing money, unless that other person is so foolish and doesn't deserve to have money.

    Buying shares is all about making a profit, and as much profit as you can. If you say otherwise, you shouldn't be investing in shares.

    The problem is that share prices reach unsustainable levels and only fools keep buying at prices offered. Their only hope of offloading these overpriced shares is to find a bigger fool willing to spend his money.

    So coming back to the statement that nobody enjoys another person losing money, the exception being when you are offloading your overpriced shares to that bigger fool.......and in the case of NAL, VCR and NRT, recent action shows that there are a lot of fools now showing a (substantial ?) paper loss.
 
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